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Australian LICs versus Berkshire Hathaway

Discussion in 'Listed Investment Companies (LIC) and Trusts (LIT)' started by twisted strategies, 27th Jul, 2017.

  1. twisted strategies

    twisted strategies Well-Known Member

    3rd Nov, 2013
    by Peter Thornhill on July 26, 2017

    Australian LICs versus Berkshire Hathaway - Cuffelinks

    i hold none of the mention LICs ( but do watch MLT for an opportune entry )

    since i invest in LICs for income ( and not capital growth ) BRK is not on my list

    high risk WAX has done both for me ( but that is another story and not a fair comparison )

    i do DRP a percentage of my LICs currently but that will change as i need more income as inflation rises

    ( DYOR )

    what i need to happen may be totally unsuitable for you